The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...

The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...

China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...

The People's Bank of China (PBOC) aims to make the yuan a global funding currency, encouraging companies and financial institutions overseas to borrow and use the yuan.

China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.

(Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.

BEIJING (Reuters) -China's yuan-denominated exports to Russia dropped in October at the steepest rate in eight months, ...